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you. >> with superstorm sandy not quite five weeks behind them, the governors of new jersey and new york are asking for nearly $80 billion in federal aid. many distressed homeowners thought they were already covered by federal flood insurance. but now as michelle miller stills us, they're being told think again. >> reporter: roman and mar yain-- marianna bediner staten island home was flooded by 11 feet of water when sandy struck. >> how high did the water come in? >> the water went through the ceiling on to the first floor. >> reporter: they had flood insurance through fema, the federal emergency management agency, that's kpon for people who live in flood zones. they thought the inspector from fema would give them a check to repair $100,000 in damages. >> the first floor where you are standing now is definitely not covered by the flood policy. >> reporter: why? >> this neighborhood is considered to be in the flood zone. >> reporter: under fema's flood insurance program, the first floor of a house such as the bediners should be used for parking or storage only. furnaces and water he
in los angeles thanks. >>> hundreds of volunteers who you are ared to new york after superstorm sandy are settling into their home away from home. when they are not helping with recovery efforts they are recouperating on the uss wright. it is equiped with sleeping quarters and a common area. anna is live with an inside look. >> hello everybody at home. finding space for the thousands of volunteers who stepped up in the aftermath of superstorm sandy has proven to be a tall order. that's where this ship comes in, the ss wright. it is now home away from home for a couple hundred volunteers from the american red cross and fema core. they are staying together and eating together and playing games and watching sports together, yet it is in patriotic living quarters. and they are manning the 27 disaster recovery centers set up in the tri-state area. many are young and even just right out of high school. it is an interesting dynamic as many of the red cross volunteers are older. retired health care workers. it can be trying. being around storm victims and devastation at times is emotionally e
recovering from devastation caused by superstorm sandy. >> i think the most likely explanation here is sandy's impact was significant but was so short-lived that it didn't extend to the sample period of the employment report which was the week that covered november 12. >> reporter: hiring was also supposed to be weak due to worries about the fiscal cliff. with $600 billion in automatic tax hikes and government spending cuts set to start next yer, why aren't more firms postponing hiring decisions? >> what we're hearing from businesses is that it is really hard to actually pull back hiring right now, because they've already fired so many workers, gotten so lean that it's really difficult. >> reporter: but not all the surprises in the report were good. at 7.7%, the unemployment rate hit its lowest level since december 2008. but that was mostly due to people giving up their search for work. and there's another disappointing trend, weak wage growth. >> what we are not seeing is strong income generation. the slowing in wage gains-- the weak bargaining power of labor comes across in this report and
counseling resources are available. >>> it's been a month since superstorm sandy ripped through the northeast, but it seems like an eternity for residents trying to clean up. our national correspondent susan candiotti traveled to staten island to see if a fema-backed program is really working. >> if we were here when the storm had ended, everybody here would be under water standing straight up. >> reporter: weeks after superstorm sandy flooded his basement, robert is one of the first 150 homeowners getting his home fixed as part of a rapid repairs program run by the city and mainly funded by fema. the repairs aren't fancy, just a basic fix to restore electricity, heat, and hot water to make homes livable. thousands wait in the wings, hoping for similar repairs. at a town hall meeting, frustration was everywhere. >> we are extremely, extremely frustrated. this is what you need to understand. >> how do you think the program is going so far? >> i think so far the program is going well. >> reporter: but new york city deputy mayor cass holloway is well aware emotions are high. >> some of these fru
of that because of superstorm sandy halting hiring. we know a lot of employers seem to be holding back until lawmakers come to an agreement or not on the fiscal cliff. meeting expectations -- median expectations would be 85,000 jobs. over at macy's, we know there are a top -- are a lot of temporary workers. they will be burning the midnight oil. stores will stay open for 48 hours straight between december 24 -- december 23, and december 24. good news if you like your morning orange juice. we could see an easing of prices trickled down to consumers. the current crop could be bigger than the government is currently expecting. netflix ceo under pressure on the sec. a study showing that gays earn more and owe less. >> we will check back in with you soon. thank you so much for that. 4:30 it is your time. >> still to come and good morning washington, growing concerns over the crisis in syria. >> looking a lot more like christmas outside the white house. the first family of flipped the switch on the national christmas tree. it is the first year for this particular 30-foot tree. that is carrying on
as having black hair, dark eyes and a light sust -- car damages after superstorm sandy boosted car sales. ktvu's cara liu is live. what are we seeing in the south bay? >> reporter: this dealership sold six cars over the weekend. including an suv like this one. they say that is a good weekend considering the rainy conditions. >> reporter: u.s. car sells were up in -- sales were up in november. he says it is one of several indicators the economy is recovering. >> the unemployment rate is declining slowly. gdp continues to grow. looks like the housing market may have bottomed out. so it is a recovery. >> reporter: volkswagen up 35%. and toyota up 17%. chrysler up 14%. here in the bay area, they say the november numbers aren't in but so far they beating the national trend. >> we are seeing increased sales. again, some 25% year to date this year. >> reporter: he says it is encouraging news that more people are willing to buy new cars and trucks. >> in the united states athere is 17 million cars and truck -- states there is 17 million cars and trucks. >> reporter: november was a difficult mont
much. five weeks after superstorm sandy, how many are still in the cold and dark? and the haunting image of a man pushed in front of a train when the "cbs evening news" continues. do you often experience the feeling of a dry mouth? it can be the side effect of many medications. dry mouth can be frustrating... and ignoring it can lead to... sipping water can help, but dentists recommend biotene. biotene moisturizes and helps supplement some of saliva's enzymes, providing soothing relief when you need it most. don't ignore dry mouth... look for biotene in your oral care section today. this has been medifacts for biotene. [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. [ male announcer ] sounds good. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on m
after super-storm sandy wreaked havoc along the new jersey shore, president obama met today with governor chris christie at the white house. the topic-- federal aid for storm recovery. the president is expected to ask congress for about $50 billion in additional emergency assistance. ruben ramirez is in seaside heights, new jersey, where business owners are striving to recover. ruben? >> reporter: thanks, tom. yes, nearly six weeks after super-storm sandy devastated this barrier island off the coast of new jersey, there's still a curfew in place. a lot of the traffic you see behind me is a lot of those longtime residents from the island and business owners who have bn going back day in and day out, trying to recover and repair whatever's left. some of those business owners we had a chance to speak to today. they say they'll reopen come next summer. >> you've kbchb in business 33 years, have you seen this sort of devastation before. >> no, nothing like this. we-- that's the reason we stayed because they were explaining that there was going to be a terrible storm. but we, of t
today. did superstorm sandy deliver a hit to hiring. >>> the duchess of cbridge is discharged from the london hospital where she was treated for morning sickness april and for the first time one of kate's relatives is talking about her pregnancy. >> what is your reaction about the news to duchess of cambridge. >> how do you know i'm not a radio station? >> this is the "cbs morning news" for friday, december 7, 2012. >>> good morning. good to be with you. i'm terrell brown. a strong earthquake hit northeastern japan this morning, the magnitude 7.3 quake struck in the early evening in the same area that suffered a powerful quake and tsunami last year. a tsunami warning has been issued. residents have been told to move to higher ground. the fukushima nuclear plant has not been damaged. the quake was felt as far south as tokyo. lucy craft is in tokyo. what can you tell us? >> reporter: no reports of damage or injury. it's still way too early. we have a tsunami warning. the tide is about three feet or two meters or one meter, i should say. very interesting, this time the warnings came v
. the decision on the missiles must still be endorsed by the german parliament. >>> superstorm sandy and the "fiscal cliff." a lot of factors could shake up tomorrow's jobs report. we'll have a preview coming up. >> and it looked like new year's eve in seattle. pot smokers light up in celebration of washington's new law but it comes with some limitations. ,,,,,,,,,, ,,,,,,,,,, ♪[ music ] >>> the music world is mourning the death of jazz pioneer dave brubeck who died yesterday of heart failure on the way to a hospital for a scheduled check- up. he was born 92 years ago today. and he was born in concord over in the east bay. you might remember him for his jazz hits including the biggie "take five." >> what you might not know is that brubeck learned the piano from his mother and after leading an army band during world war ii he studied at mills college in oakland. >> i didn't know he was from the bay area. >>> just in from the labor department, new jobless claims fell sharply from a week ago as disruptions blamed on superstorm sandy diminished. new claims dropped by 25,000 last week t
a hearing today on the response to the aftermath of superstorm sandy. maryland senators barbara mikulski and ben cardin were among those from states hard hit that testified. mikulski called for aid to communities on the eastern shore that are still suffering the effects of the storm and cardin spoke of the need to protect vulnerable areas from future storm damage. >>> one of the country's largest banks is looking to reduce its expenses and improve efficiency, but it's doing it by laying off thousands of workers. citigroup says it's eliminating 11,000 jobs. the majority of those cuts will come from citi's consumer banking unit. >>> do you think there are enough starbucks out there? apparently not. the seattle-based coffee chain plans to open 1,500 cafes in the u.s. over the next five years. there are already 11,500 starbucks in the nation and starbucks says it will have more than 20,000 stores around the world by 2014. >>> every now and then we hear about an invasive species that gets out of hand. that's the situation in mount rainier, maryland. one neighborhood is so plagued by bamboo th
with no place to call home in the wake of the superstorm sandy. mr. president, where is all that help you promised? you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actual like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great
last month. that's more than expected because economists had worried that superstorm sandy had cut into job creation. apparently not the case. money watch reporter ashley morrison is going to join us in a couple of minutes and we will chat more about that. >>> gay couples in california are awaiting a supreme court decision that could come today. anne makovec joins us live here in san francisco with what could happen on the prop 8 case later today. ann good morning. >> the legality of california's prop 8, the ban on same sex marriage has gone to either side several times since it was passed back in 2008 and today. everybody is wondering what the supreme court is going to do. the u.s. supreme court scheduled to discuss whether or not it will review the constitutionality of prop 8. that is california's ban on same sex marriage approved by voters. pro prop 8 side is appealing a decision by the 9th u.s. circuit court of appeals which found the ban unconstitutional. it's one of several cases across the country concerning the federal defensive marriage act. >> the court has been waiting t
for around $50 billion to aid states ravaged by superstorm sandy. a partisan battle could ensue over the request. it falls short of the combined $82 billion sought for rebuilding efforts in new york, new jersey, and connecticut. a new federal study has found that the practice known as fracking can cause earthquakes. oil and gas operations caused the majority if not all earthquakes in certain areas of new mexico and colorado between 2001 and 2011. the report's co-author called fracking is as high risk that we need to be considering. washington state put into effect two news laws today with major national significance. as of midnight, possession of up to 1 ounce of marijuana is now legal in washington state, following the approval of a state ballot initiative last month. in enacting the measure, washington is the first state to decriminalize recreational marijuana use and the first to do so anywhere by popular vote. meanwhile, same-sex marriage is also now legal in washington as of midnight after also having been approved by voters on election day one month ago. those are some of the h
impact around here. absolutely. >> thanks, jess. >>> superstorm sandy is widely thought to have slowed the u.s. job growth last month. the only question is how much. an answer is expected to emerge from the government's job report from november which is due out today. meanwhile new jersey's governor paid a visit to president obama yesterday asking for money to help his state rebuild. the storm destroyed 80% of this sea side heights community and left the famous boardwalk in pieces. governor chris christie says it will take $37 million to rebuild that area. the president is expected to ask congress for $50 billion but that will not cover the $83 billion that new york, new jersey and connecticut are already asking for now. >>> same-sex couples can now apply and receive marriage lrnses in maryland -- licenses in maryland. on the first day yesterday, just a few couples around the state actually went to clerks' offices to pick up listens. they have to wait -- licenses. they have to wait till 12:01 on new year's day. montgomery county's new licenses say party one and party two. prince george
they were before superstorm sandy. looking ahead to tomorrow's jobs reports, superstorm sandy could subtract 75,000 jobs. the consensus forecast of 93,000 jobs with unemployment holding steady at 7.9%. >>> apple ceo tim cook says mac computers will be made in america next year. he's not telling which one or where the plant will be lilt. in an interview with brian williams, cook says the consumer electronics world never had a big production presence in the u.s. apple stocks posted the wst drop in four years yesterday losing 35 million in market capitalization due to concerns about strong demands for tablet users made by their rival. the share is up $9 a share. >>> finally, it turns out santa may be in the john while he's making out his list and checking it twice. 16% of mobile device owners do much of their holiday shopping in the bathroom. apparently men do it more than women or were more willing to admit it after all. keith? >> hopefully santa doesn't flush away my gift. thank you. >> bye-bye. >>> the freddy mac foundation held the sixth adoption expo bringing in experts to answer questions
, superstorm sandy. it looks like those are coming down again. the big jobs report will be tomorrow, which will give us the real gauge of what's happen iin here. they expect only 77,000 jobs added. and the unemployment rate, they think, will tick back up to 8%. 77,000. why? because of superstorm sandy. you didn't have hiring, people getting jobs in the northeast because during that time the last month or so. >> jack welch right now, they went up after the election. >> those chicago people. >>> all morning we've been following major developments in both syria, in egypt and syria there are new fears that they could unleash nerve gas on some of the rebels. that's a report from nbc news, that syria is loading the component chemicals. cnn has not confirmed that report yet. egypt, protoasters have started to gather outside the presidential palace in cairo. lots of anger building after the new president gave himself extra powers. the protests were very violent last night. the clashes killed at least five people. nic burns, former u.s. ambassador to nato, now a professor of foreign relations. cnn
information into "the situation room." >>> and a jersey shore home survives superstorm sandy, but vanishes in the days afterwards. welcome our viewers in the united states and around the world. i'm wolf blitzer. i'm wolf blitzer. you're in "the situation room." -- captions by vitac -- www.vitac.com >>> the united states is now updating plans for a potential strike against syria due to intelligence showing the regime filled aerial bombs with deadly serin gas. barbara starr is getting new information from the pentagon, joining us with the latest. what is the latest on the disturbing development? >> wolf, let's emphasize, updating plans potentially if defense is ordered. for defense secretary leon panet panetta, the priority is to determine serious intent. with the u.s. now believing the syrian government has chemical filled bombs, cnn has learned the pentagon is secretly updating military strike options for president obama in the event he orders action. a senior u.s. official tells cnn a strike could be carried out with the ships and aircraft already stationed in the region. but planning is
building to save lives, invites superstorm sandy victims into his home and rushes to aid a pedestrian hit by a car. heroism so out of the norm, it's been lampooned by booker himself and new jersey governor chris christie. >> gov, sit tight. i got this. >> booker. >> governor, stand back! i got this. i got this. >> booker! >> now booker says he will honor a challenge he made to one of his million plus twitter followers to live on food stamps for a week to see how the other half lives. although it's fair to ask, as mayor of newark, doesn't he already know? the s.n.a.p. challenge, as booker calls it, means eating on just $4.32 a day. he he says he's doing to, quote, raise awareness and understanding of food insecurity, reduce the stigma of s.n.a.p. participation, and amplify compassion for individuals and communities in need of assistance. he was told by a constituent that nutrition is not a responsibility of the government. he seems to be itching to prove her wrong. he could run against the govern governor. i'm not saying he's insincere. i'm just wondering what living for just a week in som
of our best values of the year. this is the pursuit of perfection. >> greta: victims of superstorm sandy blasting the feds in a 60 seconds. first, let's go to the new york newsroom where ainsley earhardt is standing by with the headlines. >> police arresting software guru john mcafee in guatemala. he crossed into the country to evade authorities in belize who want to question him in connection with the murder of his neighbor. mcafee maintains he's innocent and he says that he left because he's afraid police will kill him if he's caught. authorities in guatemala say he was arrested for illegal entering the country. >>> the national weather service looking to change its hurricane warning system in the wake of superstorm. the agency said that it might start issuing watches and warnings for life threatening storms even when they're no longer hurricanes or tropical storms. critics argue that people in the northeast didn't realize the dangers of sandy. the storm killed more than 125 people in the u.s. i'm ainsley earhardt. now back to greta. thanks for watching fox. have a great night. >> you'
. is help on the way? victims of superstorm sandy. >> and how can republicans attract hispanic voters? and a look ahead who could throw their hat in the ring for 2016. ladies and gentlemen, our guest host tonight, dana perino. [applaus [applause] >> and i'm dana perino and i want to thank governor huckabee for inviting me to guest host it week while he's out on tour. it's been almost a month since the presidential election and about half the country remains elated, vindicated triumphant. they voted for president obama and are walking on cloud nine. the other half, well, not so much. they are confused, despondent, even sleepless, they wonder if the whole nation has gone quite mad and want to return it common sense not another four years on fantasy island. now, we're taught as kids to be good sportsmen, not to gloat after winning, to give the other side a high five and say good game. have we seen much of that from the winners since november 6th? nope. but no matter, being a good sport means not just being a gracious winner, it means being a good-spirited loser, even when it's hard to f
the hurricane. >> i think that's a great question. the fact that the impact of the superstorm sandy was minimal, i think the biggest issue was the fact we did see people leave the workforce this month. i don't think you would have seen quite that drop in numbers if superstorm sandy hadn't happen. i think we actually would have seen unemployment rate closer to 7.9%. >> what about the new report that shows home prices jumping the fastest in seven years. what does it tell you about long-term health of the housing market. >> we've been hearing economists trumping returning housing market is the bright spot. this is a report from core logic showing home prices up -- have done the biggest year over year jump in six years. we're seeing the biggest jumps in nevada, california, arizona. actually oil states like the dakotas. overall about 45 out of 50 states have shown increases in home prices. i think this is really good news. i think americans should also remember that real estate and recovering real estate is very local. so we're seeing most of the growth in large cities. >> what about this gift from
liberty. despite surviving superstorm sandy the statue of liberty remains off limits to visitors. >> this is the "cbs morning news" for wednesday, december 5, 2012. >>> good morning. good to be with you. i'm terrell brown. we begin with negotiations to avert the so-called fiscal cliff both republicans and white house hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are now taking some heat over their latest plan a lot of it from within their own party. >> five, four -- >> reporter: house speaker john boehner led the countdown to the lighting of the capitol hill christmas tree last night. >> one. >> re
're going to find out how hard superstorm sandy slammed the economy with the government's november jobs report due out. economists fear sandy battered hiring with estimates of 80,000 to 93,000 jobs added, compared to 171,000 in october. but some good news, though, yesterday from yesterday's weekly jobless claims, which held steady right around the prestorm level. >>> elsewhere, apple says it will begin making one of its mac lines right here in the u.s. next year. that will be good. >>> bowing to growing criticism across the pond, starbucks is foregoing certain tax deductions that help to reduce its tax bill to zero in britain, and they've agreed to pay $32 million of money they do not owe. >>> the securities and exchange says netflix chief reed hastings may have violated fair disclosure rules with a facebook post back in july, boasting monthly streaming hours passed 1 billion for the first time. netflix stock soared 6% that day. >>> ibm is revamping its retirement program with plans to now contribute to employee 401(k) accounts just once a year in a lump sum payment, disqualifying worke
after superstorm sandy. that story.. coming up. victims of super storm sandy in new york are expecting to get about 40 billion of dollars in federal relief to help cover the costs of damaged homes... transit systems... hospitals and more than three hundred thousand homes suffered serious damage. lawmakers are hoping to have a deal in place before the end of the year. more than 100 new jersey resients won't be allowed to return home until at least saturday... as crews continue to work to clear the hazardous gas that spilled when a freight train derailed on the train was knocked paulsboro... new jersey when a bridge collapsed. as many as five cars fell into the creek below. the political crisis in egypt appears to be worsening. earlier today islamist demonstrators carrying banners denouncing the nation's highest court prevented judges from entering the courthouse. the judicial system and president mohammed morsi have been butting heads ever since morsi granted himself sweeping powers... giving both him and the islamist panel drafting the new constitution immunity from the cour
in november. superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty about the fiscal cliff. >> it's very important we get it done now. >> reporter: republicans and democrats are talking again. but still, no breakthrough. the parties are locked in a stalemate. president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for deep spending cuts. if washington can't strike a deal, one casualty will be compensation for the long-term unemployed. that means people like linda vega, are worried. >> christmas and things of that nature are probably off the table. >> reporter: aides to president obama and speaker boehner met yes
. >> reporter: good morning. we'll find out today just how much superstorm sandy slowed job growth when the labor department releases the november employment report. on thursday the government reported weekly applications for jobless benefits fell sharply. the decline suggests the return to modest job growth that plunged during sandy's aftermath. some economists believe fewer than 100,000 jobs were added in november but others say if not for sandy job gains would have been at their highest since february. asian markets were lower. tokyo's nikkei lost a fraction while the hong kong hang seng also shed a fraction. michigan a long time bedrock of union employment could soon become the nation's 24th right to work state. protesters rallied at the state house and senate on thursday. both chambers passed separate bills banning mandatory union dues from non-union members. the republican governor said he would sign the bill when they are sent to him. tech stocks gave wall street a modest lift. the dow finished 39 points higher on thursday while the nasdaq was up 15 points. apple one of the tech
rebuild after superstorm sandy. in new york city, a jury deliberated more than a week in the trial of a bus driver accused of being so tired, he caused a crash that killed 15 of his passengers. today came the verdict: not guilty. and michelle miller tells us the driver is a free man tonight. .> how do you find the >> hndant, guilty or not guilty? >> not guilty. t reporter: the bus driver wept veen he heard the verdict. ears ill williams could have faced 15 years in prison. hisas driving 32 people from a connecticut casino to new york's chinatown when his bus hit a guardrail, toppled, and was torn open by a signpost. williams claimed he'd been cut off by a tractor-trailer. investigators found no evidence of that. but they discovered williams averaged three hours of sleep in the days before the crash. they cited driver fatigue as the probable cause. florence wong's father don lee was killed in the crash. >> he had 15 lives that was under under his control and they're not here. he has to live with that with conscinscience. >> reporter: prosecutors called 55 witnesses but could not pro
superstorm sandy. that is really good news there for the auto sector. the markets have been down lately. we had average to poor manufacturing data out of the u.s. in the last 24 hours as well. also keep an eye on the big accounting companies as well. the sec is taking aim at them allegedly haven't handed over the documents that the sec wants to see in relation to chinese companies listing in canada and the united states when those companies listed very often they performed really badly amid accounting issues as well. the sec taking aim at the accountants. >> all right, steve. >> actually, the london markets today are going to be crazy. when you talk to steve about that. >> out of hand. >> a lot of big news going on over there. >> yeah. i'm sort of -- >> popping, explode. >> i don't know how i feel about reporting on these things. >> then let me do it. it's official, kate middleton, the duchess of cambridge is pregnant. they went public with the news yesterday earlier than they wanted to because kate was admitted to the hospital with a serious case of morning sickness. the duchess is not yet
,000 jobs in november. superstorm sandy may be part of the reason, but worry over the fiscal cliff may have also had an impact. economists predict that perhaps 200,000 jobs that you're -- 200,000 fewer jobs were created this year because of worries over the pasqual. republicans and democrats are talking again, but still no breakthrough. president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling be part of a deal. >> he shows what he is really after is assuming unprecedented power to spend taxpayer dollars. >> republicans who said they are open to raising tax revenue said they will only do so in exchange for deep spending cuts. if no deal happens one casualty would be long-term unemployment help. >> christmas would be off the table. >> aides to speaker boehner and president obama met yesterday. >> we are finding out what folks in the d.c. area think about this club battle. a new poll shows that 57% of respondents believed that the president and congress will reach a deal. 78% found that both sides should compromise. >> and outspoken membe
market. superstorm sandy may skew the numbers in today's november unemployment report. economists believe the storm's disruption slashed job growth in half. they say it might take another month or two before wall street gets an accurate read on the labor market. most economists predict just 80,000 jobs were added in november and that the unemployment rate held steady at 7.9%. >>> ahead of that report, the dow starts this morning at 13,074, added about 40 points in trading yesterday. nasdaq was up by 15 and a half and the s&p 500 was up by 4 and a half. apple says the company will begin producing one of its existing line of mac computers in the united states. the company will spend $100 million to shift production from china. apple originally made its computers in the u.s. but began outsourcing in the mid-1990's. t mobile will begin selling apple's iphone next year. it will become the last of the four largest carriers to offer the best selling device. analysts say adding the iphone may help t mobile lure more customers to long-term contracts and hold on to more subscribers. people are stil
you, jeffrey. i understand that you think they will be collared dramatically by superstorm sandy? >> well, i think there's an effect. one can easily overstate that. sandy affected new jersey hobbly and new york symptom, but not the whole country. i think the unemployment numbers and the employment numbers reflect concern about the fiscal cliff as much as sandy, but they also just reflect the fact the economy's still growing, but growing slowly as it has been for basically three years now, and wii not going to get big reductions until something gets the economy energized again. gerri: growth at 93,000 jobs. that's not inspiring. that's worrying. that's not enough to get us going. >> you need something like 150,000 or 200,000 jobs -- gerri: or more. >> or more: we have rarely hit that in the last three years, only a few times, and on average, well below that. again, it comes down to the fact that i think people's expectations of what u.s. policy's going to be are dramatically affected by fear over higher taxes, regulation, spending that's not controlled, and so expect a slow growin
% analysts were looking for. superstorm sandy having an impact as well. customers in the northeast headed to dealerships with insurance checks in hand giving them so-called wealth effect. we have the foxnews.com automotive editor with sandy ace impact on car sales and overall industry check as well. great to see you. >> you too. lori: talk about sandy. we saw cars literally floating out to see. you automatically thought this would be a boon for the auto industry. what was your take? >> definitely helped. there were 200 to 250,000 cars destroyed. not quite that many were sold last month but played into the increase we saw to a certain extent. used car sales were not up as much. true car.com estimating 4%. lori: give the time of year i was reading that the storm and length of time on average people holding onto the cars is like 11 years is actually giving support to overall car prices. can you comment on that? >> yes. sales, transaction prices were up. so were incentives. so kind of balanced itself a little more. people are spending more on cars. shoving a lot of technology into them. you c
-- slow recovery efforts for victims of superstorm sandy... now fema faces lawmakers... we'll have that story and more --- coming up! when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. contra costa fire closure >> >> this is fire station number 12 in martinez it's one of four stations on the chopping block the fire chief says closing these stations will lead to greater response times but he says over the last 4 years the fire district has seen a 32 million dollar drop in property tax revenue dan kerman has the latest developments. >> this is no. 12 in martinez is one of four stations on the chopping block. >> this is not an easy choice. not one the we have to do the we are out of options and to in the best we have to do even with the stations closed. >> they are admitting that this will be a greater response time but in the last four years
,000 jobs last month. economists were expecting more than that. at some point through superstorm sandy and how that may have impacted the results in the northeast or the adp report is seen as an indicator for jobs report. we were given new unemployment rate that i can share with you. greg: citigroup says it is cutting 11,000 jobs. about 40% of the global workforce. this they are expected to save $1.1 billion per year, and is the first major action since the banking giant named a new ceo. the group is not saying exactly how many of these lost jobs will be here in the united states are you with that they plan to close 44 branches. we do pretty big news from citigroup. republican leaders calling on obama to sit down for a face-to-face negotiation on the fiscal cliff. this is just weeks ago before the deadline. right now, as you know, there is still no deal. those sites are still hundreds of billions of dollars apart. mike emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now t
, the impact from superstorm sandy. it wasn't there. that's what the bureau of labor sta stisks told us. we thought it might have a significant impact. it didn't. second of all, a number of people gave up on looking for work. that's why you see the significant decline in the unemployment rate. >> where were the jobs gained? >> primarily retail, which added 53,000 jobs. business services have been strong throughout this recovery. we saw those add 43,000 jobs and lastly health care, which has been one of those fields that most people would say is untouchable because there's a growing need for health care as the boomer population ages and because there are consistently jobs in the health care. also computer services were strong. retail, one thing to note, it's november, people hire for the holidays. >> rebecca jarvis, thank you. >> now to the crisis in the middle east. rejecting president mohamed morsi's call for reconciliation, refusing to compromise last night as he spoke to the nation. earlier, morsi got a call from president obama after a deadly confrontation between morsi's supporters and
was on an island shooting "survivor." >>> after heading to d.c. to ask for aid for superstorm sandy damage, chris christie explains his change of heart to president obama days after the storm and days before the presidential election. check out what he told jon stewart on "the daily show." >> people have different skill sets at different times. >> i see. so he wasn't a leader until you needed leadership. >> maybe until -- maybe until he was presented with an opportunity to lead. >> all right. >> critics call it a step towards union busting. protests against a proposed new labor law in a state known for organized labor. we are live from michigan next. >>> and call it man versus python. the state of florida needs your help to kill thousands of massive reptiles. why does this sound like it may not end well? they're about 10 times softer and may have surface pores where bacteria can grow and multiply. polident is specifically designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toot
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